Judge Rejects Settlement in Shareholder Case Over HP’s Autonomy Acquisition

Chides company and shareholders’ lawyers for ‘abdication of their responsibility’

We are sure Hewlett-Packard would like nothing more than to efface the memory of its disastrous 2011 acquisition of British software company Autonomy, but that is unlikely to happen anytime soon as right now it is struggling to get a federal judge to accept its settlement proposals in a shareholder lawsuit over the multi-billion dollar debacle — a $11.1 billion acquisition that resulted …read more

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